Tag - #ai #ml #datascienece #insurers #insuretech #data

Insurtech must be taken seriously

Insurtech must be taken seriously. Insurance companies have been slow to modernize and have been lagging behind other industries in terms of technological innovation. This is starting to change with the rise of insurtech, which is using technology to transform the insurance sector. New technologies, such as the Internet of Things and artificial intelligence, are set to transform the...

Insurers to choose the right AI strategy for LIBOR transition

As the world prepares for the transition away from LIBOR, insurers are faced with the challenge of choosing the right AI strategies to minimize the impact on their business. Banks may not be able to meet their obligations under the new regime because of this transition alternative rates. This has led to concerns that insurers may need to take on greater...